Many people blamed Andrew Jackson for the hard times. He had not regulated the economy properly enough to keep it stable. While that may be true, the main cause was an unpredictable fall in prices and value. It was only considered a panic rather than a full depression, because unemployment, prices, and value of the dollar could have been considerably
Many people blamed Andrew Jackson for the hard times. He had not regulated the economy properly enough to keep it stable. While that may be true, the main cause was an unpredictable fall in prices and value. It was only considered a panic rather than a full depression, because unemployment, prices, and value of the dollar could have been considerably